More Stories

The Fort Worth Regional Office says Guardian Oil and Gas and its principal, Rick D. Mullins, raised $6.5 million in an allegedly illegal oil and gas offering fraud.

The Austin-based chipmaker is buying Wolfson Microelectronics for $488 million.

The Austin-based chipmaker is buying Wolfson Microelectronics for $488 million.

A Dallas jury ruled Monday that Honeywell committed fraud against Hunt Consolidated by not telling the Dallas-based oil company about certain defects in Honeywell’s turbofan engines, which powered two of Hunt’s corporate Learjets. In a 10-2 verdict, the jury awarded Hunt nearly $1.4 million in damages, which included the costs for rental engine fees and repair of Hunt’s engines.

Dallas-based Energy Future Holdings Corp. is expected to seek bankruptcy protection any day now, and creditors are preparing to assert their rights to their portion of the billions owed. Some may see their claims paid quickly. Others may be in for the long haul in what is expected to be one of the largest corporate bankruptcies in U.S. history.

A lawsuit by a North Texas businessman who alleged that North Carolina banking giant BB&T Co. was involved in a scheme to defraud an arm of the federal government out of millions of dollars has been thrown out of court.

A lawsuit by a North Texas businessman who alleged that North Carolina banking giant BB&T Co. was involved in a scheme to defraud an arm of the federal government out of millions of dollars has been thrown out of court.

V&E, Gibson Dunn and Weil advised parties in ETP’s purchase of 630 gas stations.